A Michigan bar owner featured in a Joe Biden campaign ad blaming President Trump’s handling of the COVID-19 pandemic for the mass closures of restaurants is actually wealthy tech investor who backed lockdown measures by the state’s governor. The Biden ad, which the campaign has since removed from its YouTube channel, is narrated by Joe Malcoun, … Read more
Willie Walsh has stepped down from the top job at British Airways owner IAG amid a furious investor protest over pay – after nearly one in three shareholders failed to back his remuneration deal. The International Airlines Group (IAG) revealed only 71.6 per cent of investors approved executive pay awards at its annual shareholder meeting in … Read more
Investing platform Interactive Investor has announced plans to scrap and change a number of costs from its investment and Sipp service from 1 October. The biggest change for pension investors is the removal of its monthly income drawdown fee, however, customers hoping that its £10 per month Sipp fee that amounts to £120 a year … Read more
Did you hold on through the roller-coaster ride? It has been a nerve-jangling few months since Covid-19 sent the stock market into a spin. At the time of deepest gloom, I produced figures showing how quickly share prices had rebounded after previous dips, and highlighting the risks of panic-selling. We’ve already had a healthy bounce-back, … Read more
PUNT OF THE WEEK: Mining investor Metal Tiger’s shares up 66% this year as it prepares for key float By Daily Mail City & Finance Reporter Published: 21:50 BST, 7 August 2020 | Updated: 21:50 BST, 7 August 2020 Mewtal Tiger is an AIM-listed firm that invests in mining companies and projects it thinks are … Read more
Rapture for punk legends Blondie as music investment firm Hipgnosis snaps up 197 songs By Daily Mail City & Finance Reporter Published: 21:51 BST, 5 August 2020 | Updated: 21:51 BST, 5 August 2020 Music investment fund Hipgnosis has snapped up song rights to punk band Blondie’s back catalogue. The firm said Blondie co-founders Debbie … Read more
A wealthy Silicon Valley angel investor is facing backlash over his privilege after he tried to create a ‘microschool’ in his backyard and looked for a teacher on Twitter offering a salary that will ‘beat whatever they are getting paid’. Jason Calacanis, who lives is the Bay Area and invests in start-ups like Uber and Robinhood, … Read more
Investor that torpedoed Intu’s survival hopes keen to flog Trafford Centre in quick sale By Daily Mail City & Finance Reporter Published: 21:53 BST, 28 June 2020 | Updated: 21:53 BST, 28 June 2020 The investor that torpedoed Intu’s survival hopes is keen to flog the Trafford Centre in a quick sale, according to reports. … Read more
Tesco facing investor revolt over pay rules after departing boss is handed a controversial bonus boost By Daily Mail City & Finance Reporter Published: 21:51 BST, 19 June 2020 | Updated: 21:51 BST, 19 June 2020 Tesco is facing an investor revolt over a controversial decision to change its pay rules and hand outgoing boss … Read more
The rise of the lockdown investor: This is Money’s podcast on how to get started investing – and tips for hunting for better returns By This Is Money Published: 16:48 BST, 12 June 2020 | Updated: 16:48 BST, 12 June 2020 Stock markets crashing tend to put savers off investing in shares, but there has … Read more